https://www.klsescreener.com/v2/announcements/view/3272633

Anyone know what is the suspension about

U think he buy for fun meh. He surely got something brewing one

how come so bad qr lol -

can someone elaborate what is the impact of shares consolidation - reduce shares held traded on exchange.does it mean more internal people holding?

maybe VS INdustry news also as a catalyst - hopefully can ride on the growth of VS

see told u all to be patient - u all panic at the disco

yea - if u notice alot of IB's start covering on EMS sector - and mTAG is part of the value chain with the growth of economy and semiconductor-related sector.

althought not a key part , potential beneficiary once EMS sector grows, their margins are not bad ~20%. Just a matter if they can capitalise on the growth with more innovative product offerings besides label and converting services.

@yttihs can add me too?

oversold stock - wait for rebound

https://www.dailymail.co.uk/news/article-8622761/Russias-doctor-quits-gross-violations-ethics-rushed-Covid-19-vaccine.html

Yea just have faith. I learnt my mistake selling at 14 during first vaccine scare. And rebuy at 16.holding it tight.

The worst mistake I did was buy at 15, sold at 14 cause of first vaccine scare. Learnt my lesson

Yes just hold. We saw how well supermax did. No reason for top glove not to follow suit. Don't be scared

major supplier for VS Industry (Dyson) - see VS share price today

https://koonyewyin.com/2020/08/10/top-glove-my-target-price/

dont scared la, mtag profit margin and profitable company - not like the others goreng goreng one.

if can hold, average down and hold mid to long term

We recently hosted a conference call with MTAG’s management and received key updates and outlook of the company. We gathered several key positives on its fundamental and long term business prospects.

Long-term outlook is exciting, impressive growth recorded. Management remains optimistic on printing and converter industry outlook given continuous order from its key customers amid Covid-19. MTAG’s earnings grew by an impressive 3-year CAGR of 27.5% to RM33m in FY19. According to Protégé Associates – an independent market research company, Malaysia’s label printing and converting industry is expected to grow at 5-year CAGR of 29% to RM8.1bn from RM5.5bn over 2018 to 2023. The growth will be driven by increase in the variety of end-user markets and better quality products.
IPO proceeds, 23.4% completion, net cash. MTAG has utilised 23.4% of IPO proceeds (Table 1). However, it has terminated a land acquisition agreement which expected to be completed in March due to unsatisfactory land condition to build its plant. Due to Covid-19, MTAG expects of some delays for its capex expansion. Proceeds from IPO and positive cash flow contributed to net cash of RM17.5m at end March 2020.
Building on strong relationship with key customer. MTAG has established strong relationship with a key customer, a well-known global brand home appliance company – currently contributes c.60- 70% to revenue. Despite highly reliance on this customer, MTAG still enjoys a decent PAT margin c.17-20%. New products from its key customer are expected to provide sustainable earnings growth for MTAG in the future. Additionally, MTAG is the authorised distributor for 3M and Henkel in Malaysia and Singapore since 2001. Management guided that the IPO proceeds will be used to explore new potential business within the industry for expansion purpose new earnings stream growth.
Production rate back to normal. During MCO, its production rate fell below 50% due to government’s restriction allowing less than 50% of workforce. According to management, production rate is currently back to normal at 80% and sales have started to pick up. In addition, MTAG did not receive any cancellation or deferment of orders from customers during the MCO period.
Potential dividend in final quarter, validates high dividend yield.​​​​​​​ MTAG established a dividend payout policy of minimum 20% of PAT. As at 9MFY20, the Group declared 3.0 sen DPS, translating to 81% dividend payout and an attractive dividend yield of 5.3% at current level. We expect of potential dividend to be declared in upcoming quarter (final quarter ending June 2020), given its strong net cash of 15.5 sen per share as at 9MFY20.

yes, this counter is potential beneficiate of medical and also E&E sector;

Approximately 80% of MTAG’s revenue is contributed by electronics manufacturing services companies, namely ATA IMS Bhd, VS Industry Bhd and SKP Resources Bhd, which serve an indirect key customer.

ALso high barrier to entry for specialised technical printing

Master-Pack Group Bhd (Trading Buy)  MASTER - a manufacturer of corrugated cartons which are fully recyclable - is set to capitalize on new business opportunities arising from the current pandemic, given the higher adoption rate in online shopping which translates to higher demand, especially from its customers in the Food & Beverage and Medical sectors (which supply essential items).  Chart-wise, the stock has continued to close higher after plotting higher lows in the past 5 months to form an ascending triangle. With that, we believe the stock could be heading for a breakout.  Our overhead resistance levels are pegged at RM2.25 (R1) and RM2.60 (R2), which represents potential upsides of +16% and +34%, respectively.  Meanwhile, our stop loss level is set at RM1.70 (12% downside risk).  Fundamentally, the group has experienced strong growth with its net profit growing by 5x to RM15.7m in FY19 over a period of 5 years while its balance sheet is strong, backed by net cash position of RM17.6m (or 32 sen per share) as of end-1QFY20. The stock is currently trading at an undemanding historical PER of 6.7x.

if u watch charlie and the chocolate factory, u will know how happy all the kids are in the movie. we are like the kids in GCB

So fast sell haha. Better come back to mother share

This is still a hidden gem. TP long way to go. Once listed kaboom. No stopping this crouching tiger hidden dragon

Congrats all now let's wait for coming qr results. If promising will shoot up like rocket. Now whole world is bullish on electric vehicles

Of course fundamentally no chance. But don't forget. For every cent u increase after 1-1 issue, ur returns are doubled
. Don't be a sour grape So ❤️

Why they want use their reserves

Bonus issue confirm good lq

Why u tink they offer bonus issue.

Surge like rocket la. Datasonic price will run faster than sonic

CBB SO SMART. MUST BE BULLISH. GOOD NEWS

No wonder surge today la

Want to play play with TS Lim. He angry he buy ur company

where to see it?

https://www.theedgemarkets.com/article/top-glove-chairman-alleges-activist-sabotage-amid-forced-labour-claims

He angry bird liao - see the picture u will know

if listen to sifu Philip Arthur Fisher, will know he advocates buying market leaders - TG = all other big 3 combined.

use ur logic to invest

gcb so stable - how many will go into expansion during this period ? tellyou alot on their optimisim, aggression.

When other companies are riding on the bandwagon - not doing well, manufacture PPE LOL

hahah i dont know why u all are entertaining this troll usabites.. obviously hes bitter he didn't jump in. and u all take his comment so seriously about red indians LOL.

chill la all ~

toppish what wor - so stable and uptrend now

Auto rebounding.. Scared wat

TP 16 u wait till 2030 maybe can dapat la

thing about investing is, its personal - everyone has their own TP . He wants a 400% return so he put RM 100 lo.

who knows - maybe possible . When covid started, when people gave TP of RM 15-18 we all thought it was crazy.

my realistic TP is RM 45-50 :

hahah KYY is the oracle of Malaysia - if he say RM 100 sure reach RM 100 scared what kakakka

If good will shoot like tesla rocket

I think the true test is coming QR

i tink OTB aso recommend this as good FA. lets see how

How to join KYY telegram

as i said, topglove is like tesla rocket - first time cannot fly cause of bad weather - next time shoot all the way to mars

if you all scared to buy in Malaysia's, look at pentamaster international in HK market - PE less than 20 only. Be smart

rocket is flying soon, scared what .Top Glove is like tesla's rocket